Helium users voted on Thursday to migrate the project’s mainnet to the Solana blockchain. Decentralized wifi protocol manufacturers want a much more scalable network for the project.
Helium goes to Solana
The Helium Foundation announced Thursday that the majority of network users, or 81.41%, voted for resolution HIP 70, the one that consecrates the migration from the mainnet to the Solana blockchain. Proof of coverage and data transfer mechanisms will be transferred to Helium Oracles.
The news comes the day after Nova Labs, the company behind Helium, reached a historic agreement with telecommunications giant T-Mobile for the launch of Helium Mobile, a 5G wireless dedicated to smartphones. Users will be able to earn cryptocurrency rewards through their $ 5 per month planned plans.
T-Mobile Vice President Dan Thygesen was very excited about the project.
“T-Mobile is thrilled to support Nova Labs’ innovation in this new cryptocurrency-powered space, enabling their mobility on the nation’s largest, fastest and most reliable national 5G network.”
Helium is an open source project created in 2019 whose goal is to provide decentralized internet coverage to all connected devices. According to available data, the network has had 950,000 access points since its launch.
Towards a bigger network for a great project
To meet this challenge, Helium wants to host its services on a much more scalable network than it has used up to now. When the Helium Foundation launched the HIP 70 proposal in August, the foundation’s director of operations, Scott Sigel, explained that the migration to Solana would enable the project to “achieve an ambitious mission of deploying and managing wide wireless networks. ladder”. He went on to say that:
“Solana has a proven track record of powering some of the largest decentralized initiatives in the world, making her an obvious choice for our partnership. The move to Solana’s blockchain allows us to focus our efforts on developing the network rather than managing the blockchain itself. “
In fact, according to a report by Nansen, the number of transactions on the blockchain increased from a daily rate of 10 million to 40 million during the second quarter. However, on Ethereum, the number of transactions cannot even reach 1.5 million per day.
However, Solana’s great scalability is not without consequences for its security. Between September 2021 and August 2022, the network experienced nearly 9 outages. Between Denial of Service attacks, influx of bot transactions and other problems, Solana’s blockchain has shown several signs of vulnerability during this year.
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